HIGH POINT, N.C. (October 30, 2007) -- Bill Davis Trucking, Inc.,
founded in 1975 by Bill and Gail Davis, announced today it has filed for
Chapter 11 bankruptcy protection. Today's action was necessitated
by an injury accident and an ensuing lawsuit against the company, based
in Batesville, Arkansas.

"This has been a very unfortunate chain of events and Gail and I
certainly hate that it ever had to happen," stated Bill Davis.
"Bill Davis Trucking and Bill Davis Racing are two completely
separate entities and the race team will in no way be affected by
today's announcement."